In December 2002,Kwaki had a labour force of 14,757,000,employment of 13,097,000,and there were 7,994,000 people not in the labour force (all numbers rounded to the nearest 1000).
a.Calculate the unemployment rate.
b.Calculate the participation rate.
c.Calculate the employment ratio.
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q96: Dutch disease may be evident in Canada
Q97: Which of the following represents a supply
Q98: The recent rise in oil price most
Q99: The empirical evidence that the aggregate amount
Q100: The marginal revenue product of labour (MRPN)is
A)less
Q102: Compare the effects of the two 1973
Q103: The city of Hope has a labour
Q104: Using the labour market model and the
Q105: Compare and contrast the likely income and
Q106: Suppose oil prices fall temporarily as oil
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents